Deposit

Deposit

DEPOSIT TERMS |
||||||||||||
Deposit currency |
AMD |
USD |
EUR |
RUB |
AMD | USD | EUR | RUB | ||||
Minimum deposit amount |
20.000.000 |
50.000 |
50.000 |
3.000.000 |
||||||||
30 - 90 days |
monthly |
5.25% |
- |
- |
- |
5.38% |
- | - | - | |||
at the end of the term |
5.5% |
- |
- |
- |
5.62%-5.64% |
- | - | - | ||||
91 - 180 days |
monthly |
7.5% |
0.25% |
- |
0.5% |
6.7% |
0.25% | - |
0.50% |
|||
at the end of the term |
8% |
0.25% |
- |
1.5% |
7.12%-7.19% |
0.25% | - |
1.51% |
||||
181 - 365 days |
monthly |
8.7% |
2.25% |
- |
0.5% |
8.57% |
2.27% | - | 0.50% | |||
at the end of the term |
9% |
2.5% |
- |
1.5% |
8.50%-8.68% |
2.50%-2.52% |
- |
1.50%-1.51% |
||||
366 - 549 days |
monthly |
9.5% |
4% |
1.6% |
3.5% |
9.65% |
4.07% |
1.61% | 3.56% | |||
at the end of the term |
9.8% |
4.2% |
2% |
4% |
9.29%-9.50% |
4.16%-4.20% |
1.99% |
3.96%-4.00% |
||||
550 - 730 days |
monthly |
9.7% |
4% |
2.25% |
4.5% |
9.82% |
4.07% |
2.27% |
4.59% |
|||
at the end of the term |
9.9% |
4.25% |
2.5% |
5% |
9.27%-9.48% |
4.16%-4.21% |
2.48% |
4.88%-4.94% |
||||
Maximum deposit amount |
100,000,000* |
300,000* |
300,000* |
20,000,000* |
1. The term deposit account is serviced through bank accounts. If the customer does not hold a bank account in “Unibank” OJSC, the Bank opens an AMD bank account for the depositor making term deposits in AMD, while in case of foreign currency term deposits, besides the foreign currency bank account, an AMD bank account is also opened.
2. In case of premature termination of a bank deposit agreement on the depositor’s initiative:
a) the paid interest is deducted from the deposit amount, if the term deposit agreement stipulates a monthly interest payment,4. Money received from the third parties may also be credited to the depositor's account in the name of the Depositor, indicating the necessary data about their deposit account.
5. The amount of interest on the Deposit, determined by the Bank Deposit Agreement, during the term of the deposit is not subject to unilateral reduction by the Bank.
6. The interest on the funds in the deposit account is calculated on the basis of the Nominal interest rate.
7. The annual percentage yield shows the percentage that the depositor will receive for a 1000 USD deposit for a 365-day period through the application of a simple annual interest rate, and as a result of the frequency of compounding and payment of interest.
All the disputes or disagreement arising during the account maintenance or deposit activity period are settled by the mutual consent of the two parties. In case of a failure to reach an agreements, the investor’s rights are protected in a legal form, in cases stipulated by the law – in arbitral form as well as via financial ombudsman. Investors can protect their rights as personally as through an authorized representative.
The Bank has no right to condition the conclusion of a deposit agreement to the conclusion of an arbitration agreement.